๐Ÿšจ U.S. Treasury Seeks Public Input on GENIUS Act Stablecoin Rules

๐Ÿ‡บ๐Ÿ‡ธ The U.S. Treasury is inviting public feedback on the GENIUS Act, a landmark law shaping stablecoin regulation and boosting Americaโ€™s leadership in digital finance.

๐Ÿ”‘ Key focus areas include:

โ–ซ๏ธ Use of AI, blockchain monitoring, and digital identity verification

โ–ซ๏ธ Assessing costs, privacy risks, and cybersecurity challenges

โ–ซ๏ธ Enhancing oversight to combat illicit finance

๐Ÿ“… Deadline: October 17

All comments will be publicly posted at regulations.gov.

โš–๏ธ This is a rare opportunity to influence the future of stablecoin regulation and the broader digital finance ecosystem.

#Crypto #Stablecoins #Blockchain #Regulation #GENIUSActhttps://coingape.com/u-s-treasury-seeks-public-input-on-genius-act-stablecoin-rules/?utm_source=linkedin&utm_medium=coingape